employer matching contribution

employer matching contribution
The amount, if any, a company contributes on an employee's behalf to the employee's retirement account, usually tied to the employee's own contribution. Bloomberg Financial Dictionary

Financial and business terms. 2012.

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  • Matching Contribution — A type of contribution an employer chooses to make to his or her employee s employer sponsored retirement plan. The contribution is based on elective deferral contributions made by the employee. Generally, the employer s contribution may match… …   Investment dictionary

  • Nonelective Contribution — A type of contribution an employer chooses to make to each of his or her eligible employee s employer sponsored retirement plan. The contribution is not based on salary reduction contributions made by the employee. Unlike a matching contribution …   Investment dictionary

  • Additional Voluntary Contribution – AVC — An extra allocation of funds to a retirement savings account that is above the amount that an employer will provide a matching contribution for. Additional voluntary contributions are made at the discretion of the employee and go to an employer… …   Investment dictionary

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  • Actual Deferral Percentage / Actual Contribution Percentage - ADP/ACP Test — Annual non discrimination tests for 401(k) plans mandated by the IRS to ensure that a plan does not unduly benefit owners and highly compensated employees at the expense of other employees. The Actual Deferral Percentage (ADP) and Actual… …   Investment dictionary

  • 401(k) — In the United States of America, a 401(k) plan allows a worker to save for retirement while deferring income taxes on the saved money and earnings until withdrawal. The employee elects to have a portion of his or her wage paid directly, or… …   Wikipedia

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  • Social Security (United States) — This article is about the retirement/disability program. For the general concept of providing welfare, see Social security. For other uses, see Social Security (disambiguation) …   Wikipedia

  • New Pension Scheme (India) — PFRDA Logo with original colours Contents 1 Regulator 2 Coverage Eligibility …   Wikipedia

  • Social Security Act — A law enacted by President Franklin D. Roosevelt in 1935 to create a system of transfer payments in which younger, working people support older, retired people. Under the act, the government began collecting the Social Security tax from workers… …   Investment dictionary

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